November 17 2017

CEG Economic Development Week in Review – November 13 – November 17, 2017


Stay up-to-date on business and economic development happenings in the Capital Region with the CEG Economic Development Week in Review. Don’t miss out on the developments that are transforming the region by following us on:


Times Union: Capital Region makes presence known at Semicon Europa

Business Review: Why Rensselaer’s city planner thinks Amazon should come to the Capital Region (Video)

Times Union: Capital Region cities could partner for more prosperity


Greenfield Manufacturing expanding in Saratoga County

“Greenfield Manufacturing is planning to expand its chemical additives operation in Saratoga Springs, spending $2.5 million on improvements to its facility and adding seven new employees.

The company, which has 13 current employees, worked with the Saratoga Economic Development Corp. to obtain a tax incentive package valued at $459,000 from the Saratoga County Industrial Development Agency for the project.”

From farm-to-bottle without leaving the farm

“The farm-to-table movement takes another step entirely at King Brothers Dairy in Northumberland.

Their milk goes from the cow and into the bottle without leaving the farm.”

Company seeking site for ‘biochar’ plant

“A Kansas company is looking for about 6 acres of land locally to build a plant that turns paper waste product into fertilizer, in what officials say will be the first commercial facility of this type in the country.

John Dowd, a partner with Smart Terra Care, appeared before the Warren-Washington Counties Industrial Development Agency Executive Committee on Wednesday to pitch his plan, which he said would create 20 local jobs.”

Next Wave Center to be located at STEP

“The Next Wave Center, a temporary “landing pad” for companies to do business with GlobalFoundries and the local semiconductor industry, will operate initially out of a building at the state-owned Saratoga Technology + Energy Park in Malta.

The Saratoga County Prosperity Partnership announced the location Thursday morning at its second annual summit in Saratoga Springs.”

M+W US chief executive says Albany region is best place to put semiconductor manufacturers

“When electronics manufacturers talk to New York, they are referred to sites out west toward Buffalo, and that’s unfortunate, said Rick Whitney, CEO of M+W U.S.

Encouraging companies to locate in western New York does not contribute to what has already been built in the Albany region, he said, including the $15 billion GlobalFoundries computer chip plant in Malta.”

Cheese farmer in Argyle expanding

“Dairy farmers Dave and Marge Randles started tinkering with yogurt and cheese recipes in their farmhouse kitchen for three years before they decided to take their experiment and build it into a business.

A little more than a decade after starting Argyle Cheese Farmer in Washington County, the Randles are preparing to move the operation to a bigger building in Glens Falls that will allow them to triple production and begin selling Greek yogurt, cheese curd, feta and dips to more stores.”

Funding Partners